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Friday, March 29, 2024
TopicONGC

Topic: ONGC

ONGC, HCL among few that bagged an award at TheCSRUniverse Social Impact Awards 2022

During the 2-day conference, industry and NGO thought leaders debated the emerging challenges, scope of policy refinement and the way to make the social sector more inclusive and impact driven.

‘Conflict at later stage, no unilateral power’ — why SC ruled arbitrators can’t alter fees midway

Bench delivered verdict on petition by ONGC that sought to terminate tribunal arbitrating commercial dispute between the public sector undertaking and construction company Afcons.

ONGC chopper makes emergency landing near company rig in Arabian Sea, 4 rescued

The helicopter was carrying six ONGC personnel and landed using floaters attached to the chopper. Details on the circumstances of the emergency landing are still awaited.

2 options & a win-win — high crude prices can spell windfall gains of Rs 80,000 cr+ for govt

Windfall gains of Rs 84,400 crore-86,000 crore from higher crude prices could help the government bridge a shortfall that may occur in meeting its fiscal deficit target for 2022-23.

Corporate wars are common in India’s oil sector. But it all started with govt, ONGC, OIL

In ‘Unfilled Barrels’, journalist Richa Mishra recounts India's upstream journey in the oil sector from KD Malaviya to ONGC.

India to sell 1.5% stake in ONGC as Modi govt aims to raise Rs 3,000 crore from share sale

The floor price for the offer is set at Rs 159 apiece. The divestment comes after the govt deferred an IPO for the country’s largest insurer LIC to next year.

‘Against contract, law’: Why ONGC is urging SC to remove arbitrators who demanded ‘exorbitant’ fee

3 former judges who were arbitrating between ONGC & construction firm Afcons ‘unilaterally raised fees’ midway, according to the govt-run oil & gas major.

Modi govt hikes natural gas price by 62%, CNG, piped cooking gas rates may rise

The first price hike since April 2019 will also up the cost of generating electricity but it may not reflect in consumer bills as the share of power produced from gas is very low.

‘Meal of biscuits & water’, poorly paid, months at sea — life aboard ONGC barge that sank

An estimated 60 crew members have been left dead by the sinking of a barge off Mumbai during Cyclone Tauktae. As many as 186 have been rescued while 15 remain missing.

After ONGC barge crash, old question rises: Why is shipping regulator post held by IAS, IRS?

Post of Director General of Shipping is held by civil servants even though it is responsible for technically sensitive task of ensuring ‘safety of life and ships at sea’.

On Camera

Congress attacks chief economic advisor over statement on unemployment, asks BJP govt to ‘vacate seat’

While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.